openPR Logo
Press release

Investigation announced for Long-Term Investors in shares of Cardinal Health, Inc. (NYSE: CAH)

12-09-2019 06:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Cardinal Health, Inc. (NYSE: CAH) shares.

An investigation on behalf of current long term investors in Cardinal Health, Inc. (NYSE: CAH) shares.

An investigation was announced for investors in shares of Cardinal Health, Inc. (NYSE: CAH) concerning potential breaches of fiduciary duties by certain directors of Cardinal Health, Inc..

Investors who are current long term investors in Cardinal Health, Inc. (NYSE: CAH) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NYSE: CAH stocks follows a lawsuit filed against Cardinal Health, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: CAH stocks, concerns whether certain Cardinal Health directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants misled investors by stating that Cordis would benefit from Cardinal's advanced inventory management and supply chain information technology solutions, that Defendants also falsely represented that the Company properly "reserve[d] for inventory obsolescence" and that "[i]nventories presented in the consolidated balance sheets [were] net of reserves for excess and obsolete inventory", and that as a result of these misrepresentations, Cardinal shares traded at artificially inflated prices between March 2, 2015 and May 2, 2018.

Those who purchased shares of Cardinal Health, Inc. (NYSE: CAH) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Long-Term Investors in shares of Cardinal Health, Inc. (NYSE: CAH) here

News-ID: 1877318 • Views: 364

More Releases from Shareholders Foundation

Lawsuit filed for Investors in shares of Green Dot Corporation (NYSE: GDOT)
An investor, who purchased shares of Green Dot Corporation (NYSE: GDOT), filed a lawsuit over alleged Securities Laws violations by Green Dot Corporation in connection with certain allegedly false and misleading statements. Investors who purchased shares of Green Dot Corporation (NYSE: GDOT) have certain options and for certain investors are short and strict deadlines running. Deadline: February 17, 2020. NYSE: GDOT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or
Investigation for Long-Term Investors in shares of Nektar Therapeutics (NASDAQ: …
An investigation was annpounced concerning potential breaches of fiduciary duties by certain directors and officers of Nektar Therapeutics. Investors who are current long term investors in Nektar Therapeutics (NASDAQ: NKTR) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in NASDAQ: NKTR stocks follows a lawsuit filed against Nektar Therapeutics over
Deadline coming up on Jan. 20th in Lawsuit filed for Investors in shares of Cano …
A deadline is coming up on January 20, 2020 in the lawsuit filed for certain investors of Canopy Growth Corporation (NYSE: CGC) over alleged securities laws violations by Canopy Growth Corporation. Investors who purchased shares of Canopy Growth Corporation (NYSE: CGC) have certain options and there are strict and short deadlines running. Deadline: January 20, 2020. NYSE: CGC stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 -
Investigation for Investors in NYSE: LTHM shares announced over potential Securi …
Livent Corporation is under investigation concerning potential securities laws in connection with certain financial statements. Investors who purchased shares of Livent Corporation (NYSE: LTHM), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Livent Corporation (NYSE: LTHM) concerning whether a series of statements by Livent Corporation

All 5 Releases


More Releases for Cardinal

Pressure Bandages Market – Functional Survey 2025 | Cardinal Health, Inc., Con …
Global Pressure Bandages Market: Overview Pressure bandages, also popularly known as compression bandages, are dressings used as first-line of treatment to stop severe blood loss from a wound in emergency situations. The application of pressure helps in the prevention of excessive blood loss as well as any buildup of infections, and further assist in normal blood clotting. These bandages are preferably used for limbs as they allow better application and may
Pressure Bandages Market – Revolutionary Trends 2025 | Johnson & Johnson, Card …
Global Pressure Bandages Market: Overview Pressure bandages, also popularly known as compression bandages, are dressings used as first-line of treatment to stop severe blood loss from a wound in emergency situations. The application of pressure helps in the prevention of excessive blood loss as well as any buildup of infections, and further assist in normal blood clotting. These bandages are preferably used for limbs as they allow better application and may
Global Plate Glass Market 2018 - NSG, Cardinal, AGC, PGW
Apex Market Reports, recently published a detailed market research study focused on the "Plate Glass Market" across the global, regional and country level. The report provides 360° analysis of "Plate Glass Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Plate Glass industry, and estimates the future trend of Plate Glass market
Global Medical Catheter Market 2018 - Cardinal, Integer, Medtronic
Apex Market Reports, recently published a detailed market research study focused on the “Medical Catheter Market” across the global, regional and country level. The report provides 360° analysis of “Medical Catheter Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Medical Catheter on
Global Specimen Containers Market 2018 - Cardinal Health, Sterimed, BD, ENVASES
Apex Market Reports, recently published a detailed market research study focused on the “Specimen Containers Market” across the global, regional and country level. The report provides 360° analysis of “Specimen Containers Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Specimen Containers on
Global Flat Glass Market- PPG, Euroglas, Xinyi, Cardinal
Global Industry Study Evaluate on Flat Glass Market by Type, Manufacturers, Regions, and Application, Forecast up to 2022 The scope of the Flat Glass Report: This report primarily focuses on Flat Glass in the global market. This report generally covers Flat Glass market in North America, Flat Glass market in Asia-Pacific, Flat Glass market in Europe, Flat Glass market in Latin America, Middle as well as Africa. This report partitions the Flat